Category: Business

More than 150 companies, including major tech organizations and online retailers, made arrangements with Facebook to have special access to users’ personal data, even as the social media platform assured people that they had control over their data, The New York Times reports. The Times reviewed more than 270 pages of documents Facebook generated in 2017 to track the partnerships, and spoke with more than 50 former employees of the company and its corporate partners. Under the arrangement, partners were essentially exempt from the usual privacy rules, the Times reports, with Netflix and Spotify granted permission to read users’ private messages; Amazon able to obtain the contact information of users… Read More

No one could find evidence of the middle-class tax cut plan President Trump kept promising before November’s midterms. Now, Treasury Secretary Steven Mnuchin won’t even confirm it ever existed. In a Tuesday interview, Mnuchin told Bloomberg the administration’s top priority for next year is fixing 2017’s tax overhaul. And as for the mysterious tax cut, well, Mnuchin said he was “not going to comment on whether it is a real thing or not a real thing.” The Tax Cuts and Jobs Act was passed last December and lauded in a documentary series from House Speaker Paul Ryan (R-Wisc.) released Tuesday. But its final form largely neglected promised tax cuts for… Read More

Trump’s agreement to dissolve his charity is a win for New York’s attorney general. But it’s a loss for some charitable organizations who received millions from the Trump Foundation. Okay, not exactly. On Tuesday, the Trump Foundation agreed to “dissolve” and donate its “remaining assets” to approved charities amid an ongoing New York state lawsuit. The lawsuit was filed in June and alleges Trump used the charity as his personal “checkbook” — allegations that surfaced in a massive Washington Post report two years ago. Many charities that Trump claimed to have donated millions of dollars to said they never received the money, the Post details. So what did the Trump… Read More

Trump’s agreement to dissolve his charity is a win for New York’s attorney general. But it’s a loss for some charitable organizations who received millions from the Trump Foundation. Okay, not exactly. On Tuesday, the Trump Foundation agreed to “dissolve” and donate its “remaining assets” to approved charities amid an ongoing New York state lawsuit. The lawsuit was filed in June and alleges Trump used the charity as his personal “checkbook” — allegations that surfaced in a massive Washington Post report two years ago. Many charities that Trump claimed to have donated millions of dollars to said they never received the money, the Post details. So what did the Trump… Read More